The HBAR price has come under pressure again, falling 3.2% in the past 24 hours to trade around $0.195. While most large-cap tokens have traded flat, Hedera stands out as sellers attempt to erase last week’s 12.7% gain. The overall structure remains weak, but one shorter-term setup on the charts suggests that a small rebound may be forming before the next significant move. It’s important to note that the big move isn’t expected to be bullish just yet.
### Daily Chart Confirms Weak Structure, Driven by Big Money
HBAR’s daily price chart signals clear exhaustion. Between October 6 and October 31, the price made lower highs, while the Relative Strength Index (RSI), an indicator that tracks where capital is flowing, confirms this bearish outlook. Since October 28, the Chaikin Money Flow (CMF) has been making lower highs and has now dropped below zero to -0.09, indicating consistent outflows of large money from HBAR.
This pattern suggests that institutional investors and major holders are exiting, which has built selling pressure and kept HBAR underperforming compared to its peers.
### Lower Timeframe Hints at a Short-Term HBAR Price Rebound
Despite the bearish structure on the daily chart, the 4-hour Hedera (HBAR) chart offers a hint of near-term relief. Between October 31 and November 2, HBAR’s price made a higher low, while RSI made a lower low. This hidden bullish divergence often appears before quick rebounds in otherwise weak markets.
While this does not reverse the broader downtrend, it indicates that short-term buyers might be stepping in.
### Key Levels to Watch
– **Bullish Scenario:** If HBAR manages a clean close above $0.204—a level that has faced repeated resistance since October 30—it could trigger a brief rebound toward $0.219, the next resistance zone.
– **Bearish Scenario:** Failure to hold above $0.189 could lead to further declines toward $0.178 and $0.168.
A daily close below $0.168 would invalidate any rebound setup and confirm that the downtrend remains firmly in control.
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Investors and traders should watch these key levels closely to gauge whether HBAR will experience a short-term bounce or continue its downward trajectory.
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